Montage GOLD Receives Conditional Approval to Graduate to the Toronto Stock Exchange
Press
Release
montagegold.com 1
MONTAGE GOLD RECEIVES CONDITIONAL APPROVAL TO GRADUATE
TO THE TORONTO STOCK EXCHANGE
Vancouver, Canada — April 15, 2025 — Montage Gold Corp. (“Montage” or the “Company”) (TSXV: MAU, OTCQX: MAUTF) is
pleased to announce that it has received conditional approval from the Toronto Stock Exchange (“TSX”) to graduate from the
TSX Venture Exchange (“TSXV”) to the TSX. The Company anticipates completing the graduation in the coming weeks.
Martino De Ciccio, CEO of Montage, commented: “Building on the momentum generated over the last year to progress our
strategy of creating a premier African gold producer, we are eager to graduate to the TSX as it is expected to continue to enhance
our visibility, broaden our investor base, increase liquidity, and provide el igibility for potential index inclusion. This upcoming
capital markets milestone reflects the rapid progress made to derisk our business and the high quality of our flagship Koné gold
project in Côte d’Ivoire, where construction continues to rapidly advance on budget, with first gold pour well on track for Q2-
2027.”
Final approval of the listing is subject to the Company fulfilling certain customary conditions required by the TSX. The Company
is working diligently to satisfy the listing requirements and is confident it will be able to satisfy all requirements. Montage will
issue a further statement once the TSX confirms the date on which trading on the TSX will commence. Upon completion of the
final listing requirements, Montage’s common shares will be delisted from the TSXV and commence trading on the TSX under
the symbol “MAU”.
Shareholders are not required to exchange their share certificates or take any other action in connection with the TSX listin g, as
there will be no change in the trading symbol or CUSIP for the common shares.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
TSX.V MAU OTCQX MAUTF
montagegold.com 2
ABOUT MONTAGE GOLD
Montage Gold Corp. (TSXV: MAU) is a Canadian-listed company focused on becoming a premier multi -asset African gold
producer, with its flagship Koné project, located in Côte d’Ivoire, at the forefront. Based on the Updated Feasibility Study
published in 2024 (the “UFS”), the Koné project has an estimated 16-year mine life and sizeable annual production of +300koz
of gold over the first 8 years and is expected to enter production in Q2 -2027.
QUALIFIED PERSONS STATEMENT
The scientific and technical contents of this press release have been verified and approved by Silvia Bottero, BSc, MSc, a Qualified
Person pursuant to NI 43 -101. Mrs. Bottero, EVP Exploration of Montage, is a registered Professional Natural Scientist with the
South African Council for Natural Scientific Professions (SACNASP), a member of the Geological Society of South Africa and a
Member of AusIMM.
CONTACT INFORMATION
For Investor Relations Inquiries:
Jake Cain
Strategy & Investor Relations Manager
+44-7788-687-567
For Media Inquiries:
John Vincic
Oakstrom Advisors
+1-647-402-6375
For Regulatory Inquiries:
Kathy Love
Corporate Secretary
+1-604-512-2959
FORWARD-LOOKING STATEMENTS
This press release contains certain forward-looking information and forward-looking statements within the meaning of Canadian
securities legislation (collectively, “Forward -looking Statements”). All statements, other than statements of historical fact,
constitute Forward-looking Statements. Words such as “will”, “intends”, “proposed” and “expects” or similar expressions are
intended to identify Forward -looking Statements. Forward -looking Statements in this press release include statements related
to the listing of the Company on the TSX and timing thereof, the effect of listing on the TSX, Company’s objectives of achieving
production in the second quarter of 2027; the Company’s strategy or creating a premier gold producer ; the Company’s mineral
reserve and resource estimates; the timing and amount of future production from the Koné Gold Project; anticipated mining and
processing methods of the Koné Gold Project; anticipated mine life of the Koné Gold Project.
Forward-looking Statements involve various risks and uncertainties and are based on certain factors and assumptions. There is
no assurance that any economic satellite deposits will be discovered, and if discovered ever developed or mined. There can be
no assurance that any Forward -looking Statements will prove to be accurate, and actual results and future events could differ
materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from
the Company's expectations include delays in the TSX listing process, the company not being able to meet or maintain TSX listing
requirements, uncertainties inherent in the preparation of mineral reserve and resource estimates and definitive feasibility
studies, and in delineating new mineral reserve and resource estimates, including but not limited to, assumptions underlying the
production estimates not being realized, incorrect cost assumptions, unexpected variations in quantity of mineralized material,
grade or recovery rates being lower than expected, unexpected adverse changes to geotechnical or hydrogeological
considerations, or expectations in that regard not being met, unexpected failures of plant, equipment or processes (including
construction equipment), delays in or increased costs for the delivery of construction equipment and services, unexpected
changes to availability of power or the power rates, failure to maintain permits and licenses, higher than expected interest or
tax rates, adverse changes in project parameters, unanticipated delays and costs of consulting and accommodating rights of local
communities, environmental risks inherent in the Côte d’Ivoire, title risks, including failure to renew concessions, unanticipated
commodity price and exchange rate fluctuations, delays in or failure to receive access agreements or amended permits, and
other risk factors set forth in the Compa ny’s Annual Information form available at www.sedarplus.ca, under the heading “Risk
Factors”. The Company undertakes no obligation to update or revise any Forward -looking Statements, whether as a result of
new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is
not possible for Montage to predict all of them, or assess the impact of each such factor or the extent to which any factor, or
combination of factors, may cause results to diffe r materially from those contained in any Forward -looking Statement. Any
Forward-looking Statements contained in this press release are expressly qualified in their entirety by this cautionary statement.